Swisscom AG (NASDAQ:SCMWY) was upgraded by research analysts at Nomura from a “neutral” rating to a “buy” rating in a report released on Monday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on SCMWY. Analysts at Citigroup Inc. upgraded shares of Swisscom AG from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, October 16th. Analysts at Goldman Sachs Group Inc. downgraded shares of Swisscom AG from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, October 16th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $500.00.
Swisscom AG (NASDAQ:SCMWY) opened at 51.18 on Monday. Swisscom AG has a 1-year low of $41.72 and a 1-year high of $52.10. The stock’s 50-day moving average is $50.9 and its 200-day moving average is $46.56. The company has a market cap of $26.512 billion and a price-to-earnings ratio of 14.74.
Swisscom AG is a Switzerland-based holding company which offers telecommunication services primarily in Switzerland and Italy.
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